+11 more
$326K
Triton Tower Condominium Unit 736
2899 Collins Ave, Unit 736 • Miami Beach, FL 33140
About This Unit
Feel the warmth to be Welcome to the Triton Tower Condominium located ocean front in the heart of Mid Miami Beach. This beautifully 1 bedroom 1 bath unit offers amazing intercoastal views , plenty of natural light and very well preserved spaces . Unit has spacious living - dinning combination, modern kitchen , walk-in closet and all windows are impact resistant. Unit is being rented by a long term tenant. . Conveniently located in the acclaimed and famous Faena District , next to Edition Hotel , minutes away from the convention center, night life, restaurants of exquisite cuisine and the famous boardwalk
Pricing at Triton Tower Condominium — $449/sqft
At $449/sqft, Triton Tower Condominium Unit 736 is priced at the low end of the building — only 0% of active 1BRs ask less per sqft.
Triton Tower Condominium Unit 736 vs Active Listings at Triton Tower Condominium: This condo is -15.6% lower ($83/less per sqft) than the building's active 1BR median of $532/sqft, based on 7 active 1BRs.
Triton Tower Condominium Unit 736 vs Recent Sold Listings at Triton Tower Condominium: This unit is -1.3% lower ($6/less per sqft) than recent 1BR sales (median $455/sqft, based on 3 sales over 9 months).
Rank: This unit's $/sqft is higher than 0% of currently-active 1BR units at Triton Tower Condominium (sample of 7).
Insider Negotiation Strategy: 1BR units at Triton Tower Condominium typically close at 97.1% of asking. At that ratio, this unit could plausibly trade around $316,644.
Based on live MIAMIRE active & closed listings at Triton Tower Condominium.
Time on Market — 209 days
Triton Tower Condominium Unit 736 is around the building's typical pace.
This unit's 209 days on the market is 0 days longer than the active 1BR median of 209 days (+0.0%).
Inventory position: 50th percentile for 1BRs currently active at this building.
Price History
Originally listed at $336,000. Reduced to $326,000 on Feb 23, 2026 (after 140 days on market) — -3.0% (−$10,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,770
HOA
$580
Property Tax
$351
Total / mo
$2,701
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.29%.
HOA $0.8/sqft · All-in $3.72/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Triton Tower Condominium.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 1BR Comps at Triton Tower Condominium
UnitListSqft$/sqftDOM
#1505
$550,000
726
$758
0
#548
$339,000
726
$467
412
#1218
$515,000
797
$646
321
#1420
$399,000
600
$665
226
#424
$424,000
797
$532
0
Recent Closed 1BR Sales
ClosedUnitSold$/sqftvs List
2025-08-08
#946
$330,000
$455
97.3%
2025-09-17
#821
$310,000
$517
96.9%
2025-08-20
#708
$305,000
$420
97.1%
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
- Triton Tower Condominium is a 18-story mid-rise at 2899 Collins Ave, Miami Beach, FL 33140, built 1966. Currently 11 active listings on the market, with active asking prices ranging up to $550K.
- Neighborhood: Miami Beach. Miami Beach is three distinct neighborhoods: South Beach (Ocean Drive, Lincoln Road, Art Deco, walking-everywhere), Mid-Beach (Faena, Edition -- quieter money), and North Beach (newer ultra-luxury construction without South Beach baggage). Per-square-foot variance between them is enormous.
- Buyer profile here: Mix of primary residents (especially South Beach south of Fifth and Mid-Beach Faena District), second-home buyers, and condo-hotel investors.
- Built 1966 (now 60 years old) -- past Florida's 25-year structural recertification trigger.
- Mid-tier condo inventory ranging up to $550K.
- At 18 stories, Triton Tower Condominium is mid-rise scale -- a typical balance of view exposure and intimate community feel.
- Compared anchor: Compared to Sunny Isles (oceanfront tower wall), Miami Beach has more architectural diversity, more restaurants per block, and the South of Fifth and Faena Districts give some sub-areas resort-grade amenity stacks.
- Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
- Pre-offer diligence: Older South Beach inventory hits Florida's 25-year structural recertification triggers; reserve study and assessment history are critical pre-offer items on pre-2000 buildings.
- Ricky has worked the Miami Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1966 (60 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Jun 2013 for $198,500 — held 13 years. They’re now asking $326,000 — +64.2% (+$127,500) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Jun 2013 | $198,500 | arm’s-length |
| Oct 1990 | $57,000 | arm’s-length |
| Nov 1986 | $48,500 | arm’s-length |
| Dec 1983 | $138,900 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 726 sqft.
Building: Triton Tower Condominium
Unit: 736
Year Built: 1966
Stories: 17
City: Miami Beach
Postal Code: 33140
HOA Fee: $580 / Monthly
View: Intracoastal View, Other View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 209
Listed: October 7, 2025
MLS #: A11892260
Location
Listing courtesy of: Premier Elite Realty Inc.
· 7862873977
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11892260
• Updated May 4, 2026
